Short Sale Sellers Can Turn Into Short Sale Buyers Within Months

Reblogger Sally K. & David L. Hanson
Real Estate Agent with Keller Williams 414-525-0563

GREAT NEWS !   Know that every situation is different...but this wonderful blog shows everyone...there is LIFE ..HOPE...Everything is possible !

 

Hansons Both

Original content by Judy Chapman

Yes it’s true ... Short Sale Sellers Can Turn Into Short Sale Buyers Within Months!

This afternoon, I followed up on the progress of one of my Short Sellers ... post-short-sale.

We closed the first week of January 2010 ... slightly more than 2 months ago ... and already they have a few good things to report.

Did I say ‘good’? I meant to say ‘fantastic’.

He took the LSAT, came through with flying colors, and will soon be applying to law schools in the Orlando area.

She secured another job after being laid off for nearly a year.

Their FICO score got knocked down a little, but even so, they can qualify for an FHA loan. Now. Today. Right this minute. Less than 2 months after closing on the Short Sale.

They’re ready to buy again, and they intend to purchase a Short Sale with the goal of getting the same kind of deal the buyers of their former home got. They probably won’t get serious about buying for a few months yet, but I’ve already set them up to receive regular notifications of listings in the new neighborhood of their choice. They already know how a Short Sale works, so theyre prepared for the wait. Only this time, it will be from the other side of the transaction!

And they lived happily ever after ...

 

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JUDY CHAPMAN | “The Real Estate Agent Who Always Has Time for You”

LUXURY HOMES | SHORT SALES

 

Central Florida Real Estate

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© 2007-2010 www.activerain.com/blogs/OrlandoforSale by Judy Chapman ALL RIGHTS RESERVED. Portions of this content may be used with attribution.

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Rainmaker
1,329,913
Kristin Johnston, Waukesha Realtor 414-254-6647
Waukesha County Realtor, RE/MAX Buyer Agent
RE/MAX Realty Center

That is great news...most of the short sellers I have worked with all go back to renting and are told they will have to most likely wait a couple years to get financing....

March 12, 2010 07:24 AM
Rainmaker
1,341,055
Sally K. & David L. Hanson
WI Realtors - Luxury - Short Sale - CDPE, REDS
Keller Williams 414-525-0563

A lot depends Kristin on where there credit was BEFORE the short....a little ding here and there doesn't hurt a larger score as much as a little one....

March 12, 2010 11:32 AM
Rainmaker
520,475
Maria Morton
Kansas City Real Estate 816-560-3758
BHG Real Estate - Kansas City Homes

Sally, that's great news! It's so nice to hear about a happy ending for one of the people who were hurt by our fractured economy.

March 12, 2010 08:31 PM
Rainmaker
1,341,055
Sally K. & David L. Hanson
WI Realtors - Luxury - Short Sale - CDPE, REDS
Keller Williams 414-525-0563

Happy endings and new  beginnings are just the best !

March 13, 2010 06:01 AM
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Rainmaker
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Sally K. & David L. Hanson

WI Realtors - Luxury - Short Sale - CDPE, REDS
For All Things Wisconsin Real Estate...Call the Hansons
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